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The Cardano (ADA) price jumped an impressive 13% on Wednesday after US President Trump backed off somewhat from his trade war against the rest of the globe, facilitating a major rally in risk asset markets. The post Cardano Price Analysis: ADA Bounces as Trade Wars Ease, But $0.30 ADA Remains Likely appeared first on Cryptonews.
Magic Eden is acquiring crypto trading app Slingshot to expand beyond NFTs and challenge centralized exchanges (CEX) with a fully on-chain trading experience, according to an April 9 press release. The acquisition marks a shift for Magic Eden, which built its name as a leading digital asset and NFT marketplace.
The US Senate has confirmed Paul Atkins as the new chair of the Securities and Exchange Commission. Senators approved the appointment on Wednesday with a 52-44 vote.
Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale.The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm's April 9 Form S-1 registration statement. The Dogecoin Foundation's corporate arm, House of Doge, plans to assist 21Shares with marketing the fund.
The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this trajectory.
The US Senate has confirmed US President Donald Trump pick Paul Atkins as chair of the Securities and Exchange Commission in a 51-45 vote, with lawmakers largely voting along party lines.His appointment comes several months after Trump named Atkins to lead the commission late last year. Atkins previously served as an SEC commissioner between 2002 and 2008.
The US Senate has finally confirmed Donald Trump's nominee, Paul Atkins, as the next US Securities and Exchange Commission (SEC) Chair. This development is significant as Atkins has promised to provide regulatory clarity for the industry, which was lacking under past Chair Gary Gensler's administration.
Fartcoin price went parabolic this week as it disconnected from other Solana meme coins. It jumped to a high of $0.7845 on Thursday, its highest level since February 3 and nearly 300% above the current level.
With regard to its price trajectory, XRP has formally entered what can only be called a now-or-never phase. The asset is now hovering around the $1.80 mark, marking the critical lower boundary of its descending price channel after weeks of downward pressure.
Whales are stirring, but is it a warning—or a whisper of what's to come?
Teucrium's newly launched 2x XRP ETF on the New York Stocks Exchange recorded $5.43 million in turnover during its first day of trading on April 8, despite XRP prices hitting a five-month low. The ETF, trading under the ticker XXRP, achieved this milestone as cryptocurrency markets faced widespread selling pressure.
Strategy, the software company led by Michael Saylor, might need to sell some of its massive Bitcoin holdings to pay its bills. The company revealed this possibility in a regulatory filing on April 7, saying that without new financing, it could be forced to sell Bitcoin to cover financial obligations.
Bitget (BGB), Cronos (CRO), and 1INCH are three of the top exchange tokens to watch in April 2025. BGB is down 4% this week after a massive rally in late 2024, while CRO has dropped nearly 10% amid broader market weakness tied to the tariff war.
Former SEC Commissioner Paul Atkins will be sworn in as the agency's next chair and will oversee future regulation for the crypto sector.
The Senate voted to confirm President Trump's pick for SEC Chair, Paul Atkins, who is expected to embark on creating a regulatory framework for crypto.
Atkins' SEC leadership may accelerate crypto-friendly policies, potentially reshaping U.S. financial markets and boosting digital asset innovation. The post Crypto-friendly Paul Atkins confirmed by Senate to lead the SEC appeared first on Crypto Briefing.
Atkins, the SEC's next chair, has said that giving crypto “a firm regulatory foundation” will be a top priority of his tenure.
Rumors have been circulating that Strategy will be forced to liquidate its Bitcoin reserves if the price keeps dropping. The specific fears have been overstated, but the fundamental idea might be essentially true.
The CFTC has unleashed a major overhaul of crypto enforcement, slamming the brakes on punitive regulation and shifting power back to innovators. CFTC Aligns Crypto Enforcement With DOJ—Low-Level Violations No Longer Chased Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC) Caroline D. Pham issued a sweeping directive on Monday in Washington D.C.
South Korean police have raided a suspected illegal gambling den whose operator claimed it was a center for crypto mining. The post South Korean Police Raid ‘Illegal Gambling Den Disguised as Crypto Mining Center' appeared first on Cryptonews.
Since donations are tax deductible, the WFP noted, they enable crypto investors to offset capital gains.
Pakistan will allocate excess electricity from its national grid to Bitcoin (BTC) mining operations and artificial intelligence (AI) data centers, according to the country's Crypto Council and finance ministry adviser Bilal Bin Saqib.
Bitcoin prices rallied today, climbing over 10% in under 24 hours after President Donald Trump's announcement that he would “pause” tariffs fueled widespread gains.
The discount-based demand for Quantum Cats ahead of the mint created a temporary price premium, which quickly vanished once the incentive expired.
